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Masdar, owned by Abu Dhabi government, signs agreements to construct 1GW solar & wind power capacity in Azerbaijan. Garadagh Solar Park is now inaugurated, producing enough electricity to power 110,000 homes. Masdar plans to double capacity this year aiming for 100GW of gross capacity to aid UAE's net zero carbon emissions by 2050. Adnoc expands presence in Azerbaijan with 30% equity in Absheron natural gas field.

Adani Green Energy is in talks to borrow up to $1.8 billion from major lenders including Barclays, BNP Paribas and Deutsche Bank. Be one of the first to hear the outcome of the historic loan deal, and what it means for the future of energy projects.

Shell Plc announces deal to reduce stakes in two renewable energy projects in the US – 182 MW wind repowering project & 180 MW solar park project. Asset management & offtake rights retained, with transactions finalized by 2024 & eligible for IRA tax credits.

Having considered the other day "Climate Wednesday", US President Joe Biden signed a raft of Executive Orders developed to ratchet up the US' initiatives to fight climate modification and increase the development of its residential renewables sector.

DNV has actually launched the world's very first suggested practice (RP) for floating solar projects to help in reducing risks for programmers as well as enhance financier confidence in the section.

Europe's Spaceport in Kourou, French Guiana, covers 700 square kilometres as well as makes up the launch variety, 3 functional launch facilities with another under development for Ariane 6, as well as propellant factory. Together they prepare to 20% of the country's energy supplies.

Colombia’s still-dormant solar scene is poised for a major boost under a new partnership, bringing together a European and a Latin American player.

Power purchase agreements (PPAs) have actually been authorized in between First Solar and also 2 area power utility teams for power from a 100MW solar energy plant with 50MWh of power storage space in California's Kern County.

UK solar programmer Island Green Power is to advance 2 solar PV projects amounting to over 1GW on previous coal power station sites in the UK.

Galp Energia intends to create a lasting power project profile based upon solar as well as wind. It will certainly dedicate as much as 15% of its complete financial investments to its renewable resource strategies.

PPA consists of 51MW of new solar in advancement in the Hautes-Alpes area

Mitsubishi Corporation has actually finished the purchase of continuing to be shares of renewables trading firm ElectroRoute.

Through the procurement exercise, the Ecuadorian government will select wind, solar and mini hydropower projects. Selected developers will be granted a 25-year PPA, while the sole off-taker of the generated energy will be state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC).

This week on The Energy Gang: The economics of oil are beginning to be challenged by EVs paired with wind and solar.

A new report in Sweden suggests that renewables are an ideal source of power for marine vessels, based on a case study in which solar PV and proton-exchange membrane fuel cells, combined with a diesel generator, were used to reduce the greenhouse gas and particulate emissions of cruise ships by almost 10%